A recent article on the multifamily-industry news site Yield PRO says the assault on rentals marches on – adding to the mounting reasons the supply of the nation’s housing remains behind demand. They say this time, the weapon of choice isn’t new legislation, it’s decades-old consumer protection laws that activists & plaintiff’s attorneys have suddenly discovered can be twisted to destroy standard business practices that have worked for generations. Indeed…
“Property owners across the nation are waking up to a harsh reality: fees they’ve charged for years—pest control, trash collection, community amenities—are now being labeled junk fees by federal bureaucrats and portrayed as predatory schemes by class-action attorneys.”
Click here to read the full story at Yield Pro.
